Charming Edinburgh Bistro with Expansion Potential and Strong Community Presence for Sale
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
629796
- Asking Price: £40,000 (Stock at valuation)
- Turnover: On request
- Profit: On request
Key Features
- Attractive Business
- New Lease
- Fully Fitted
- Close to Local Amenities
Business Details
Bistro in Edinburgh
This friendly local bistro, located in the heart of Edinburgh, serves as a vibrant hub for the community. Renowned for offering quality breakfasts, lunches, and private hire options, it holds a prominent place in the local dining scene. With an established presence of 2.5 years, this bistro presents an excellent opportunity for expansion, especially with its potential for an alcohol license.
The bistro's quaint and charming exterior, complete with prominent signage, welcomes guests into a cozy interior. The decor, featuring warm and inviting elements alongside strategically placed mirrors, creates a perception of enhanced space. Elegant lighting fixtures add sophistication, complemented by decorative plants that contribute to a homely ambiance. Offering ample seating, it is designed to accommodate both regular patrons and new guests with ease.
Located near essential amenities such as three dentist offices, a dry cleaner, a pharmacy, and a Tesco, the bistro enjoys a steady stream of customers. The area also includes a pub, contributing to the local competition. Despite this, the recently refurbished cafe continues to hold high ratings and has cultivated a dedicated clientele. The business boasts a 30% increase in turnover over the past year, underscoring its growth potential.
With six employees and a comprehensive online presence—evidenced by impressive ratings such as a 4.9 on Google and high scores on Facebook and TripAdvisor—the bistro is well-positioned for a seamless transition to new ownership. The current owners are committed to offering full training and assistance during the handover phase. The asking price for this unique, fully fitted business is over £40,000, with accounts available for review.
Given the reasons for selling related to family health, this sale marks a significant opportunity for interested buyers. Located in the bustling center of Davidson's Mains Village, Edinburgh, this bistro not only offers a chance to own an established business but also holds potential for alternative uses.
New lease will be available, minimum 5 years.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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